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Inception
Beginning/start
Bubble
An economic growth that is extremely good for a short period of time (may then burst)
Sidestep
Avoid
Encrypted
Coded to prevent unauthorized access to it
A medium of exchange
A currency (represents a value)
Boom and bust tendencies
Highs and lows
To surge
To rise/increase rapidly
Wipe out
Destroy completely
Cautionary
Warning somebody to be careful
A vehicle for sth (here)
Something they can use
Scammer
A dishonest person
Crook
Criminal
Anarchism
The belief that there should be no government or laws
For good measure
In addition to what has already been done or said/a way of making something complete or better
Sidestep
Avoid
Parallel
Similar to
Banknote
(Paper) money
Monopoly
To exclusively control supply in a service
Sweeping
Wide
The Financial Conduct Authority
Fjármálaeftirlitið
Central Banks
Seðlabankar
Blockchain
A digital database containing information that can be simultaneously used and shared within a large
Asset
An item of property/possession of value
Utility
Sth useful or profitable
Held in high regard
Respected and valued
Has been shot
Gotten rid of
Burned
lost money, suffered a loss
Speculative investment
High risk investment with the purchaser being more interested in price fluctuations than fundamental/real value
Niche asset
Very specific benefit for a small number of people or a small area of trade within the economy
Cryptocurrency
Digital currency, using encryption techniques to regulate units of currency and verify transferal of funds. Operate independently of a central bank.
Akin to
Similar to
